CMON Limited — Share Issue/Capital Change 2025

Oct 31, 2025

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

CMON LIMITED

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 1792)

SUPPLEMENTAL ANNOUNCEMENT IN RELATION TO PLACING OF NEW SHARES UNDER GENERAL MANDATE

Reference is made to the announcement of CMON Limited (the "Company") dated 19 October 2025 in relation to the placing of new Shares under General Mandate by the Company (the "Announcement"). Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as defined in the Announcement.

This announcement is made to provide further information in relation to the Placing.

THE LONG STOP DATE

As disclosed in the Announcement, the Placing is conditional upon the listing of, and permission to deal in, the Placing Shares being granted by the Stock Exchange on or before 12:00 noon on the Long Stop Date. The Company would like to supplement that the Long Stop Date is 7 November 2025 or such other day as may be agreed between the Company and the Placing Agent pursuant to the Placing Agreement.

USE OF NET PROCEEDS

As disclosed in the Announcement, the maximum net proceeds of the Placing, after deducting all relevant expenses, are estimated to be approximately HK$6.30 million. The net price per Placing Share after deducting the related expenses of the Placing will be approximately HK$0.02. The Company intends to apply the net proceeds from the Placing in full for general working capital as to (i) approximately HK$1.58 million for marketing and events, including participation in trade fairs and promotional campaigns; (ii) approximately HK$3.94 million for game development, including prototype design, content development and artwork creation; and (iii) approximately HK$0.78 million for normal operation of its sales of board games, miniature war games and other hobby products business.

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Save as disclosed above, all other information and content set out in the Announcement remain unchanged. This supplemental announcement is supplemental to and should be read in conjunction with the Announcement.

By order of the Board

CMON Limited

Ng Chern Ann

Chairman, Joint Chief Executive Officer and Executive Director

Singapore, 31 October 2025

As at the date of this announcement, the executive Directors are Mr. Ng Chern Ann, Mr. David Doust and Mr. Koh Zheng Kai; the non-executive Directors are Mr. Frederick Chua Oon Kian and Ms. Li Xuejin; and the independent non-executive Directors are Mr. Wong Yu Shan Eugene, Mr. Choy Man and Mr. Leung Yuk Hung Paul.

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